Deals & Cases

Wizz Air Enter the Bulgarian Market


Borislav Boyanov & Co. advised the leading Central and Eastern European low cost airline Wizz Air on the commencement of its operations in the country via its Hungarian subsidiary Wizz Air Hungary Kft. and on the incorporation of the first low cost air carrier in Bulgaria – Wizz Air Bulgaria Airlines. The firm assisted Wizz Air in its relations with the national regulatory authority regarding the starting of scheduled flights to and from Bulgaria on the basis of the bilateral air services agreement between Bulgaria and Hungary. Borislav Boyanov & Co. assisted Wizz Air in the incorporation of its local subsidiary Wizz Air Bulgaria Airlines, obtaining the necessary air operator certificate and air carrier license and approval of a related aircraft lease agreement.